Trump supporters lose $12bn as president’s cryptocurrency collapses
Donald Trump’s supporters have lost more than $12bn (£9.5bn) in a month after the value of the president’s cryptocurrency collapsed.
1 Small-Cap Stock to Own for Decades and 2 to Turn Down
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
3 Small-Cap Stocks Skating on Thin Ice
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
3 Small-Cap Stocks in the Doghouse
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Frontdoor’s (NASDAQ:FTDR) Q4: Strong Sales But Stock Drops
Home warranty company Frontdoor (NASDAQ:FTDR) announced better-than-expected revenue in Q4 CY2024, with sales up 4.6% year on year to $383 million. On top of that, next quarter’s revenue guidance ($415 million at the midpoint) was surprisingly good and 3.1% above what analysts were expecting. Its non-GAAP profit of $0.27 per share was significantly above analysts’ consensus estimates.
Pi Network Price Surges Amid Exchange Listings and Market Sentiment
The price of Pi Network's crypto has seen a remarkable increase this week, rising to a peak of $3 on Wednesday, marking nearly a 400% jump from last week's low of $0.60.
Robinhood's Vlad Tenev Highlights Tokenization's Role in Advancing Crypto Innovation
Robinhood CEO Vlad Tenev has highlighted tokenization as a pivotal element in advancing the crypto landscape, stating it could "unleash the true power of the crypto revolution."
Bitcoin's Price Sell-Off Puts Focus on November's 'Runaway Gap' Below $80K in CME Futures
"Historically, CME gaps are filled eventually," one analyst said.
A More Segmented World Will Fire Up Inflation, Apollo’s Slok Warns
(Bloomberg) -- The move away from globalization toward a more fragmented world is likely to fuel permanently higher inflation across regions, according to Apollo Global Management’s Torsten Slok.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center i